HSBC has no plans to dispose of further businesses, says chairman Mark TuckerHSBC's chairman Mark Tucker reassured shareholders at the annual meeting that the bank has no immediate plans to sell more assets, signalin...
03 May, 2024, 05.53 PM IST
HSBC's top ranks house likely successor to CEO QuinnHSBC prepares for a new CEO as Noel Quinn retires. Mark Tucker oversees succession. Internal and external candidates considered. Women lead...
30 Apr, 2024, 04.21 PM IST
HSBC announces CEO Quinn's retirement, first-quarter profit drops 1.8%HSBC announced the retirement of Chief Executive Noel Quinn, marking a surprising departure from the bank he has extensively transformed ov...
30 Apr, 2024, 09.53 AM IST
HSBC acquires Silicon Valley Bank UK unit for £1The move comes after US authorities moved to shore up deposits and stem any wider fallout from the sudden collapse of its parent, tech star...
14 Mar, 2023, 11.54 AM IST
HSBC acquires British arm of stricken Silicon Valley Bank"This acquisition makes excellent strategic sense for our business in the UK," HSBC CEO Noel Quinn said in a statement.
13 Mar, 2023, 01.09 PM IST
HSBC cuts staff bonus pool, lifts CEO Noel Quinn's total payOnce long-term incentive awards are included, Quinn's total pay could reach 10.5 million pounds, the bank said. HSBC reported a strong four...
21 Feb, 2023, 01.15 PM IST
Inflationary pressures in India are not as great as elsewhere in the world, says HSBC's Noel QuinnWhile a group of investors sought the bank's restructuring to boost returns, Quinn believes recent rising incomes prove the lender's curren...
06 Sep, 2022, 04.59 AM IST
Centre's policies making India a much more attractive market, says HSBC's Noel QuinnHSBC joins the growing list of global banks which have reworked their emerging markets strategy due to tighter regulations post the global ...
06 Sep, 2022, 04.54 AM IST
Bosses of HSBC, Tata, Macquarie urge governments to do more for green transition"The hardest move is that political first move because then you create the market conditions," said HSBC Chief Executive Noel Quinn.
18 Nov, 2021, 06.50 PM IST
HSBC pre-tax profits more than double to $5.4 billion in Q3In a statement to the Hong Kong stock exchange the banking giant reported pre-tax profit in July-September had jumped from $2.3 billion to ...
25 Oct, 2021, 10.17 AM IST
HSBC exiting US retail banking to focus on wealth managementThe bank will sell 80 East Coast branches to Citizens Bank and another 10 on the West Coast to Cathay Bank. All deposits and bank accounts ...
28 May, 2021, 12.29 PM IST
HSBC CEO Noel Quinn says Bitcoin not for usEurope's largest bank's stance on cryptocurrencies comes as the world's biggest and best-known, Bitcoin, has tumbled nearly 50% from the ye...
24 May, 2021, 07.37 PM IST
HSBC CEO says Bitcoin not for usHSBC's stance contrasts with rival banks such as Goldman Sachs, which had restarted its cryptocurrency trading desk.
24 May, 2021, 03.03 PM IST
HSBC to cut up to 300 jobs in UK commercial banking overhaul: SourcesEurope's biggest bank in June resumed plans to cut around 35,000 jobs it had put on ice after the coronavirus outbreak, as Europe's biggest...
21 Oct, 2020, 09.55 PM IST
HSBC first-half profit plunges 65% as loan provisions riseEurope's biggest bank by assets reported a pre-tax profit for the first six months this year of $4.32 billion, down from $12.41 billion in ...
03 Aug, 2020, 10.33 AM IST
HSBC resumes cutting around 35,000 jobsThe bank will also maintain a freeze on almost all external recruitment, Chief Executive Noel Quinn said in the memo sent to the bank's 235...
18 Jun, 2020, 09.40 AM IST
HSBC cuts top investment bank jobs despite wider firing freezeCEO Quinn last month announced a temporary halt to plans for 35,000 redundancies across the bank because of the impact of the coronavirus p...
21 Apr, 2020, 01.16 PM IST